Chris, apologies for the slow reply. I indulged in a sleep in as I'm expecting a busy night tonight. That is fantastic work :)
I have been testing the system on smaller time frames (1,5,10 min) and on multiple markets. So far the results aren't what I expected. Probably has more to do with my code than the system. I am trying to use a stop limit order to enter markets to get good fills but alas something isn't behaving correctly. After reading the NT forums I suspect I have bumped into a limitation of the current version of NT. I intend to have another crack at the testing over the weekend using the newer release of NT and I'll post my results if I get anywhere.
The "momentum pulse" I am talking about refers to my MRC indicator shown on the attached chart. It is designed to show momentum rate of change and I am trying to use it as an exit signal when it becomes negative (for long) or positive (for shorts). This would give me a scalping system rather than a trend catching system. I have also tried reentry into the band that generated the entry signal and so far it has provided the best results.
While I have been stuffing about with the code over the last couple of days, I have also been forward testing the system on AUD 1 min futures. Win ratio is currently around 2:1 and I'm up a few thousand dollars using a single contract. I missed a few signals and I have been adjusting my stops so those results can't really be relied upon as they aren't consistent.
Love ya work :)
- Forums
- ASX - By Stock
- XJO
- monkey thursday
monkey thursday, page-88
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,971.1 |
Change
39.400(0.50%) |
Mkt cap ! n/a |
Open | High | Low |
7,931.7 | 7,993.3 | 7,931.7 |
Featured News
XJO (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online